Dixie Diamond Baton Corp

Analysis

Dixie Diamond Baton Corp is a registered charity in United States, based in Panola, TX. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Dixie Diamond Baton Corp reported income of $103k and spending of $170k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $90k to $103k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Dixie Diamond Baton Corp sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Cricket Theatre Company ($103k), Beaufort Community Nutcracker ($103k) and Ephemera Society of America Inc ($103k).

At year end it held assets of $55k against liabilities of $3,688, net assets of $51k. It reported 29 employees.